Multiemployer Pensions

Is your pension at risk?

The Pension Rights Center is working with retirees around the country whose pensions have been cut or will be cut as the result of a law called the Multiemployer Pension Reform Act of 2014 (MPRA). These retirees are in certain financially troubled “multiemployer” pension plans.

Learn more about this issue

Click on the headings below to see more information.

What are multiemployer pension plans? 
Which multiemployer plans are at risk of running out of money? 
Why are some multiemployer plans in danger of running out of money?
What happens when a multiemployer pension plan runs out of money?
How are PBGC multiemployer guarantee levels calculated? 
What did the Multiemployer Pension Reform Act (MPRA) say?
What has the Multiemployer Pension Reform Act (MPRA) done?
What is being done to stop MPRA cuts and preserve plans?

Multiemployer Pensions Highlights:

Fact Sheets and Issue Papers
04/27/21

What the Butch Lewis Act Will and Will Not Do

Fact Sheets and Issue Papers
12/06/21

Common Questions about the Butch Lewis Act

The Latest on Multiemployer Pensions:

Blogs & Newsletters
01/10/22

PRC Fact Sheet Answers Questions on Multiemployer Plan Rescue Law’s Implementation

By David Brandolph Last March 11 was a joyous day for the Pension Rights Center, multiemployer defined benefit plan members, plan retirees and their families. Thanks to a joint (and painstaking) seven-year effort to inform and convince Congress of the need to address the systemic threat posed by a pension plan insolvency calamity, President Joseph […]

Comments & Letters
08/13/21

PRC comments to the PBGC on interim multiemployer financial assistance guidance

PRC submitted comments to the Pension Benefit Guaranty Coorporation on the Interim Multiemployer Financial Assistance Regulation.

Blogs & Newsletters
04/08/21

Retirees Celebrate Historic Pension Victory

By Karen Friedman With the enactment of the Butch Lewis Emergency Pension Plan Relief Act, retirees across the country are “dancing in the streets” to celebrate the wonderful news that their pensions have been saved. Press the link to join the celebration and show-off your latest dance moves. We thought you’d like to see some of the […]

Press Release
03/26/21

New Law Causes Musicians’ Pension Trustees to Rethink Benefit Cuts

  For Immediate Release Contact: Karen Friedman, 202-320-6518 Tens of thousands of musicians— pianists, trumpeters, celloists, saxophonists and others— who were fighting cuts to their pensions are reaping immediate gains from the newly enacted Butch Lewis Emergency Pension Plan Relief Act, which was passed as part of the $1.9 trillion Covid-19 aid package, known as the American […]

PRC In the News
03/22/21|The Intercept

With Butch Lewis Act, Workers Won Major Victory for Right to Secure Retirement

Tucked into the American Rescue Plan — the coronavirus stimulus that passed in early March — is the greatest victory for American workers in recent memory: the Butch Lewis Emergency Pension Plan Relief Act.

PRC In the News
03/22/21|nwLaborPress.org

How the COVID relief bill saves union pensions

It didn’t get a lot of fanfare, but tucked into the just-passed COVID relief bill is a new program that will make a life-changing difference for over a million current and future union retirees.

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